A number of shares are in focus at this time, together with SPARC, Omaxe, Mastek, JSW Vitality, Jindal (India), ITC, Lyka Labs, Airfloa Rail, and Transformers & Rectifiers, following key company updates, order wins, investments, and regulatory developments throughout sectors.
WSB Companions, an actual estate-focused funding agency, has forayed into tier II markets with a ₹75 crore funding in Omaxe Group. The funding is in opposition to residential plotted initiatives in Ujjain and Indore, two high-growth Tier II markets benefiting from robust demand fundamentals and ongoing infrastructure improvement. Tier II and III cities are more and more attracting institutional capital, pushed by rising incomes, enhancing affordability, and vital infrastructure investments.
Mastek appoints Amit Gajwani as COO amid management transition
Mastek, a trusted AI-first digital engineering and cloud transformation accomplice, at this time introduced the appointment of Amit Gajwani as Chief Working Officer (COO), efficient instantly. Amit succeeds Prameela Kalive, who will proceed with Mastek till the tip of June 2026 to make sure a easy management transition forward of her superannuation.
SPARC accomplice OcuVex will get US FDA CRL for glaucoma drug
Solar Pharma Superior Analysis Firm (SPARC)’s licensing accomplice, OcuVex Therapeutics, has acquired a Full Response Letter (CRL) from the US Meals and Drug Administration (FDA). The CRL pertains to the New Drug Utility (NDA) for PDP-716, a novel once-daily ophthalmic suspension supposed for the therapy of glaucoma. Whereas the FDA didn’t elevate considerations in regards to the drug’s scientific efficacy or security, the rejection relies on manufacturing inspection points at a third-party facility.
JSW Vitality expands stake in Toshiba JSW Energy Programs
JSW Vitality has executed definitive agreements to accumulate an extra fairness stake in Toshiba JSW Energy Programs (TJPS) by a secondary buy of fairness shares from Toshiba Company, Japan. Put up-acquisition, the corporate’s shareholding in TJPS shall improve to twenty.7% on a non-diluted foundation and 10.7% on a totally diluted foundation. The corporate has set a goal to achieve 30 GW of capability by FY 2030, with Thermal Capability anticipated to rise to 10,658 MW by FY 2030, from its present put in capability of 5,658 MW. The acquisition of an extra fairness stake in TJPS would strengthen the corporate’s entry to steam turbine mills, improve provide chain resilience, and assist its thermal capability growth.
Jindal (India) completes ₹1,500-crore growth in West Bengal
Jindal (India) Ltd has accomplished a Rs 1,500-crore capital expenditure programme in West Bengal with the commissioning of a brand new high-speed steady color coating line at its manufacturing advanced in Howrah district. The commissioning comes months after the corporate operationalised a galvanising coating line, a cold-rolling mill, and a pickling facility in February, as a part of its growth challenge within the state. It manufactures coated flat-steel merchandise, pipes, and aluminium foil at its services in Howrah.
Remsons Automotive UK secures world OEM contract
Remsons Automotive (UK), a step-down subsidiary of Remsons Industries, has secured a 6-year Hood Rod contract from a number one International Industrial Car OEM producer. The contract is for the availability of Hood Rod, with deliveries beginning in Q1 CY2027. The order, to be executed over 6 years, is valued at round Rs 30 crore.
Airfloa Rail Know-how wins ICF Chennai order
Airfloa Rail Know-how has bagged an order price Rs 2.68 crore from the Furnishing Division of Integral Coach Manufacturing facility, Chennai, Indian Railways. The order is for the availability and set up of 38 units of panelling for partitions, partitions, and the roof.
ITC will increase stake in Mom Sparsh Child Care
ITC has acquired an extra stake in Mom Sparsh Child Care, elevating its shareholding within the premium ayurvedic and pure private care startup to 49.32% on a totally diluted foundation. In accordance with a inventory alternate submitting, ITC acquired 1,681 fairness shares of Rs 10 every within the second tranche by a secondary buy for a consideration of Rs 30 crore. Following the transaction, the corporate’s stake in Mom Sparsh elevated from 39.47% to 49.32%.
NCLAT permits Lyka Labs enchantment in opposition to Modi Lifecare
The NCLAT has allowed Lyka Labs’ enchantment, overturning a earlier NCLT order that had rejected its insolvency plea in opposition to Modi Lifecare Industries because of unpaid royalties stemming from a technical steerage settlement. The appellate tribunal has directed Modi Lifecare Industries to pay Rs 63 lakh inside 30 days, failing which insolvency proceedings can be initiated in opposition to the Ahmedabad-based pharmaceutical manufacturing firm.
Transformers and Rectifiers secures ₹175 crore order
Transformers and Rectifiers (India) Ltd has secured an order of Rs 175 crore from Bhanwariya Infra Initiatives. The order for transformers and reactors is scheduled for supply by March 2028, in line with a regulatory submitting.
Revealed on Might 20, 2026
